US Stablecoin Bill Delayed by Congressional Committee Until After August

“Although the Ranking Member [Rep. Patrick McHenry], Secretary [Janet] Yellen and I have made considerable progress towards an agreement on the legislation, we are unfortunately not there yet, and will therefore continue our negotiations over the August recess,” Waters said in a statement. “I look forward to coming to an agreement in the near future and marking up bipartisan legislation when we return.”

Source: https://www.coindesk.com/policy/2022/07/27/stablecoin-bill-officially-delayed-past-august-committee-chairwoman-says/?utm_medium=referral&utm_source=rss&utm_campaign=headlines